Jan. 21, 2016—Businesses in the United Kingdom (UK) are struggling to comply with a new law requiring they publicly disclose efforts to root out slavery in their supply chains, according to a survey by an industry group.
Starting this year, companies operating in the UK with global revenues over 36 million pounds ($51.1 million) will need to release an annual statement addressing what actions they took to address slavery and human trafficking.
The survey, conducted by the Chartered Institute of Procurement & Supply, found few companies were confident they would be able to comply. Of the supply chain managers polled, 27 percent said they didn’t know how to meet the rule’s requirements and one in five were unaware of the law. Over half said they wouldn’t know what to do if they learned of a supplier using slave labor.
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